901 Pennsylvania Ave Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,266 sqft
Price per Sqft $576
MLS Listing ID A11740735
HOA Y/N No
Year Built 1948
Tax Year 2023
Lot Size 7,500 Sqft
Property Sub-Type Mixed Use
Property Description
Introducing 901 PENN, a prime South Beach investment on a 7,500 SF corner lot at Pennsylvania Ave & 9th St. This mixed-use property features six (6) apartments & four (4) ground-floor retail units with Washington Ave visibility, ensuring strong tenant demand. A stabilized income-generating asset offering multiple investment strategies, including retail repositioning, owner-user occupancy, or redevelopment potential. Recent capital improvements—new roof (2023), exterior paint, AC units, & more. Positioned in a high-foot-traffic area, surrounded by hotels, restaurants, shopping, and nightlife, 901 PENN benefits from unbeatable exposure and walkability. With strong rental income and scheduled increases, this is a lucrative Miami investment in a world-class destination.
Location
State FL
County Miami-dade
Area 32
Interior
Heating Central,Electric
Cooling Central Air
Flooring Concrete,Tile
Exterior
Roof Type Composition
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Level or Stories Two
Others
Tax ID 02-42-03-009-0220
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11740735